Aspects of the disclosure relate to digital check processing. A computing platform may receive a check image from a user device. The computing platform may configure, based on the check image, a digital check for use in conducting transactions between the user device and point of sale devices, which may include generating a QR code for the check. The computing platform may send, to the user device, the digital check, which may enable the user device to execute a transaction with a first point of sale device. The computing platform may receive, from the first point of sale device, a request to execute the transaction. The computing platform may direct an event processing server to process the transaction, which may cause the event processing server to execute a transfer of funds from an account of the initial payor to an enterprise account of the first point of sale device.
Legal claims defining the scope of protection, as filed with the USPTO.
2. The computing platform of claim 1, wherein configuring the digital check further comprises embedding a digital chip into the digital check.
3. The computing platform of claim 1, wherein executing the transaction comprises scanning, by the first point of sale device and from a display of the user device, the QR code.
7. The computing platform of claim 1, wherein executing the transfer of funds comprises transferring a portion of the funds corresponding to the digital check.
9. The computing platform of claim 1, wherein the one or more point of sale devices are uniquely configured to process digital checks from an enterprise associated with the computing platform.
10. The computing platform of claim 1, wherein configuring the digital check comprises depositing funds of the digital check into a mobile pay application of the user device.
11. The computing platform of claim 1, wherein funds of the digital check are not deposited to an account of the recipient user.
13. The computing platform of claim 12, wherein the check transfer cancellation request is received within a predetermined time period after receipt of the request to execute the second transaction.
15. The method of claim 14, wherein configuring the digital check further comprises embedding a digital chip into the digital check.
16. The method of claim 14, wherein executing the transaction comprises scanning, by the first point of sale device and from a display of the user device, the QR code.
19. The computing platform of claim 1, wherein the request to execute the transaction includes an authentication identifier provided to the first point of sale device by the user device, and wherein the authentication identifier comprises a retina scan, and wherein sending the one or more commands directing the event processing server to process the transaction is in response to validating the retina scan.
Cooperative Patent Classification codes for this invention. Click any code to explore related patents in that topic.
April 14, 2022
September 10, 2024
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